Search Results for: inflation pressure

Brazilian President Lula to Act as BRICS Liaison to Help Argentina, Discusses Credit Line in Brazilian Reals

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Brazilian President Luiz Inacio Lula da Silva stated Brazil will serve as a facilitator to try and arrange BRICS bloc assistance for Argentina. Lula stated that the New Development Bank — the BRICS bank — could modify some of its rules…

Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm

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Cette semaine, the Statistics Bureau of Japan unveiled the latest core consumer price index (IPC) report for the country, revealing a surge to 3.5%. This figure comes as a surprise to analysts who had predicted a more modest 2.9% for the…

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

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Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. At the same time, the cycle with the highest hikes may soon be over, the officials indicated. Fin de…

World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’

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On Jan. 10, 2023, the World Bank published its Global Economic Prospects report, stating that the outlook for the global economy and future economic conditions is bleak. According to the report, 2023 growth forecasts have been cut across the board, avec…

Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission

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According to the International Monetary Fund (Le FMI avertit que les sanctions contre la Russie menacent de saper la domination du dollar américain)’s mission concluding statement, Nigeria’s rising inflation rate as well as the continuing shortage of foreign currency are fueling the naira devaluation speculations. To achieve a unified naira exchange rate, the global lender said Nigeria…

Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%

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On Nov. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 points de base (points de base). The increase brings the United Kingdom’s main lending rate to 3%, after a majority…

The Fed Codifies Fourth Consecutive 75bps Rate Hike — Stocks, Bitcoin, and Metals Rise

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Les Etats Unis. Federal Reserve introduced another jumbo rate hike on Wednesday, nov. 2, 2022, by hiking the federal funds rate (FFR) par 75 points de base (points de base). The American central bank said on Wednesday that the hike aims to curb inflation and…

Bitcoin, Protocole de prêt décentralisé Adalend Listing On: BTC ci-dessous $19,000 Suite aux procès-verbaux du FOMC

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Bitcoin was trading below $19,000 jeudi, as markets reacted to the latest Federal Open Market Committee (FOMC) minutes. In the minutes, the Federal Reserve hinted at upcoming hikes, while also acknowledging a level of surprise at the rate at which…

Les données de prévision immédiate de l'inflation de la Fed montrent de futures augmentations de l'IPC, La dette nationale brute des États-Unis touchée $31 Mille milliards

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A recently published forecast stemming from the Federal Reserve Bank of Cleveland’s Inflation Nowcasting data indicates upcoming U.S. consumer price index (IPC) metrics will likely be elevated. The newly predicted CPI levels were recorded the same day America’s gross national debt…

S&Un rapport mondial P indique que l'UE et le Royaume-Uni sont en récession, Poutine pense que l'Occident est cupide

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Aujourd'hui’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse, “the worst is yet to come,” as the global investment bank’s…